5002 Highway 61

5002 Highway 61 Memphis, TN 38109

FOR SALE Incentives
Property Type:
Other Land
Amount:
$595,000
Last Verified:
May 19, 2017

Highlights

  • 2 (Two) Buildings onsite, Occupied & Generating revenue
  • 5002 Highway 61 - 5370 SF APN# 082045 00001
  • 5032 Highway 61 - 1320 SF APN# 082045 00002
  • High Traffic Intersection with Traffic Signal
  • Highway 61 leads to Casino's in Mississippi

Description

Keller Williams Commercial is pleased to present 5002 & 5032 Highway 61 For Sale. Business has been operating for 40+ Years at this location. Building has walking Freezer, Cooler and Storage. Additional space available for lease currently used as equipment storage. Lot has easy of access. High Gross sales & proven location. Owner will sell business along with Real Estate, Highly Motivated! Great value add opportunity!

Head west on I-55 N, Take exit 7 to merge onto US-61 S/S 3rd St toward Vicksburg & Proceed South on Third st./Highway 61

Lot Size: 2.62 acres

Map of 5002 Highway 61, Memphis, TN, 38109

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.